Nate's Food Company (NHMD)

[mrMando]

DEBT REDUCTION/PAYOFFS: ----- FACTS not noise
Update: 8/1/2016
On July 28, 2016, the Company received confirmation from our law firm, Lucosky Brookman, LLP, that they had successfully sold all of the S-8 shares the Company issued to them for legal services rendered, and that the Company no longer has any balance due Lucosky Brookman, LLP. As of July 28, 2016, the $20,000.00 owed to Lucosky Brookman, LLP, has been paid in full by the Company. The Company plans to continue using the firm of Lucosky Brookman, LLP, in the future whenever legal services are required. Source: http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=11515733

Update: 7/8//2016
Note 4 of 4: On July 15, 2015, the Company received financing in the amount of $80,000 from Typenex Co-Investment, LLC . On July 8, 2016, the Company made a payment of 50% of the balance then due in the amount of $57,000.00, and entered into a Forbearance Agreement with Typenex regarding conversion of the balance of $57,000.00 debt into Shares of Common Stock at an agreed upon discount and frequency of conversions. After Typenex has completed their conversion of the balance owed, the Company will have paid off all four outstanding convertible debt instruments in full. Source: http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=11483784

Update: 06/27/2016
Note 3 of 4: On September 25, 2015, the Company received financing in the amount of $68,250 from BOU Trust and on June 24, 2016, the Company paid off the full balance due including interest and retired this debt entirely for the sum of $75,000. The Company is in ongoing negotiations with the remaining lender to pay off their note as well. At present, the Company has one convertible notes with Typenex. If the Company is successful in its negotiations with Typenex, that debt will be retired as well. Source: http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=11459825

Update: 06/22/2016
Note 2 or 4: On August 14, 2015, the Company received financing in the amount of $65,500 from EMA Financial, LLC , and on June 21, 2016, the Company paid off the full balance due including interest and retired this debt entirely for the sum of $74,381.68. The Company is in ongoing negotiations with the remaining lenders to pay off their notes as well. At present, the Company still has convertible notes with Typenex, and BOU Trust. If the Company is successful in its negotiations with these two note holders, those debts will be retired as well. Source: http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=11453993

Update: 06/17/2016
Note 1 of 4: On November 5, 2015, the Company received financing in the amount of $55,000 from Fourth Man, LLC, and on June 16, 2016, the Company paid off the full balance due including interest and retired this debt entirely for the sum of $75,000. The Company is in ongoing negotiations with the other three lenders to pay off their notes as well. At present, the Company has convertible notes with Typenex, EMA Financial and BOU Trust. If the Company is successful in its negotiations with these three note holders, those debts will be retired as well. Source: http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=11449139